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Wire · operational-macro

Trump has made billions from crypto. It just backfired on him

Published

16 September 2026

Topic

operational-macro

Sectors

Fintech

Geography

United States

Source

Read at smh.com.au

Verified

Fusion42 · 16 September 2026 · Fusion42 review

The Clarity Act, a comprehensive bill to regulate cryptocurrencies in the US, failed to pass in the Senate after receiving 49 votes against the required 60, marking a significant setback for the crypto sector and Donald Trump's crypto promotion ambitions.

This Wire brief sits within Fusion42's coverage of Fintech, and 39 sources have reported it between 21 Jul 2026 and 16 Sep 2026.

◆ The Wire takeaway

You face a tougher road in US crypto regulation as the Clarity Act rejection closes immediate paths to mainstream financial acceptance. Pivot your strategy to work around stalled comprehensive crypto rules or look to alternative markets with clearer regulatory signals.

Coverage

39 sources · first reported 21 Jul 2026 · latest 16 Sep 2026

Related on Wire

Topics

Fintechcryptous-senateregulation-failuredonald-trump